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Paul Hodges: UK house prices to fall 50% in global ‘Great Unwinding’

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  • Jonbvn
    Jonbvn Posts: 5,562 Forumite
    Part of the Furniture 1,000 Posts
    antrobus wrote: »
    An "influential ebook" eh? As in self-published on Amazon.:)
    http://www.amazon.co.uk/Boom-Gloom-New-Normal-BabyBoomers-ebook/dp/B00S1VSED0

    Oddly enough "not currently available for purchase" apparently because the formatting has been so &^%$ed up that it's unreadable. So it's difficult to see how an ebook published on the 8th January 2015 could be in any way "influential" given than no one has read the darned thing in the month that it's been out.

    It is Moneyweek. They don't let the facts get in the way.;)

    Must add the MSW is a huge hypocrite, given that she bought a house a few years ago, contrary to the advice she hands out on that rag.
    In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    purch wrote: »
    Paul Hodges is Chairman of IeC, trusted commercial advisers to the global chemical industry and its associated investment community. IeC’s clients include many of the world’s major companies and investors. He is co-author of the influential ebook ‘Boom, Gloom and the New Normal’, which describes how demographic changes are taking global demand patterns in completely new directions. He also writes regularly for the Financial Times on these issues and has been widely recognised for forewarning of the 2008 financial crisis.

    Another one :eek:

    This isn't the guy who is loving in Heathrow airport with his wife is it? the CV seems familiar :)
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    StevieJ wrote: »
    This isn't the guy who is loving in Heathrow Airport with his wife)

    How does that work? Do they wait until the lounge is quiet or something?
  • Blacklight
    Blacklight Posts: 1,565 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    moneyweek lol
  • IronWolf
    IronWolf Posts: 6,445 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    MoneyWeek must have a very high reader turnover. I remember reading them in 2009 saying house prices would crash 40%, anyone that reads them for a while will know how unreliable their 'predictions' are.
    Faith, hope, charity, these three; but the greatest of these is charity.
  • purch
    purch Posts: 9,865 Forumite
    They should rename the rag, MoneyDecade.............they've been running the same story for at least that long.
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • jjlandlord
    jjlandlord Posts: 5,099 Forumite
    Generali wrote: »
    How does that work? Do they wait until the lounge is quiet or something?

    No, they don't wait until it's quiet...
    That's why you have to pay to enter.
  • Dr._Shoe
    Dr._Shoe Posts: 563 Forumite
    Loughton_Monkey wrote: »
    Having read this diatribe, may I - on behalf of every single retiree who has given up work in order to live for another 30 years - apologise unreservedly for ruining the economy.

    I am going to the dentist tomorrow morning (privately, so no drain on the taxpayer) but when I get back, I will sell all my investments and my house.

    Does anyone know where I can legally park my tent for free? Some place where I can dig a big hole and bury all my cash, while watching the apocalypse unfold around me?

    .... large whines all round.....


    Yes, you may as well dump all your money in landfill if the apocolypse does happen. I'd hang on to the house though and fill it with tinned food.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Generali wrote: »
    How does that work? Do they wait until the lounge is quiet or something?

    They keep on the move.
    http://www.mirror.co.uk/news/uk-news/homeless-heathrow-couple-who-live-5126081
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • Loughton_Monkey
    Loughton_Monkey Posts: 8,913 Forumite
    Part of the Furniture Combo Breaker Hung up my suit!
    Dr._Shoe wrote: »
    Yes, you may as well dump all your money in landfill if the apocolypse does happen. I'd hang on to the house though and fill it with tinned food.

    ... a nice idea, but kindly tell me which specific bottles of alcohol do you suggest I discard to leave room for food? All my tins currentl hold tonic water.
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